WETOUCH NORGE AS

0356 OSLO

Finances

Share Ownership

Return on Equity

22,07 %

Current Ratio

1,9

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 796 000	3 047 000	2 231 000	2 835 000
Net Income	115 000	656 000	198 000	422 000
Total Assets	1 011 000	1 215 000	934 000	1 169 000
Total Equity	521 000	606 000	550 000	631 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 796 000	3 047 000	2 231 000	2 835 000
Expenditure	2 648 000	2 194 000	1 969 000	2 295 000
Operating Profit	148 000	853 000	262 000	540 000
Financial Income	0	2 000	−2 000	5 000
Financial Costs	2 000	8 000	6 000	4 000
Financial Balance	−2 000	−6 000	−8 000	1 000
Earnings Before Tax	147 000	847 000	254 000	542 000
Tax	32 000	190 000	56 000	119 000
Net Income	115 000	656 000	198 000	422 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	42 000	61 000	20 000
Total Current Assets	930 000	1 173 000	872 000	1 148 000
Total Assets	1 011 000	1 215 000	934 000	1 169 000
Total Retained Equity	321 000	406 000	350 000	452 000
Total Equity	521 000	606 000	550 000	631 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	490 000	609 000	384 000	537 000
Total Equity and Debt	1 011 000	1 215 000	934 000	1 169 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 791 000	3 047 000	2 204 000	2 835 000
Other Income	4 000	0	27 000	0
Revenue	2 796 000	3 047 000	2 231 000	2 835 000
Cost of Goods Sold	20 000	32 000	49 000	33 000
Salary Costs	1 968 000	1 627 000	1 406 000	1 659 000
Depreciation	49 000	30 000	14 000	26 000
Impairment	0	0	0	0
Expenditure	2 648 000	2 194 000	1 969 000	2 295 000
Operating Profit	148 000	853 000	262 000	540 000
Financial Income	0	2 000	−2 000	5 000
Financial Costs	2 000	8 000	6 000	4 000
Financial Balance	−2 000	−6 000	−8 000	1 000
Dividends	200 000	600 000	300 000	0
Net Income	115 000	656 000	198 000	422 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	5 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	80 000	42 000	57 000	11 000
Total Tangible Assets	80 000	42 000	57 000	11 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	80 000	42 000	61 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	871 000	916 000	685 000	706 000
Total Current Assets	930 000	1 173 000	872 000	1 148 000
Total Assets	1 011 000	1 215 000	934 000	1 169 000
Total Equity	521 000	606 000	550 000	631 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	20 000	8 000	15 000	11 000
Unpaid Taxes	217 000	269 000	187 000	246 000
Dividends	200 000	600 000	300 000	0
Other Current Debt	221 000	147 000	129 000	176 000
Total Current Debt	490 000	609 000	384 000	537 000
Total Equity and Debt	1 011 000	1 215 000	934 000	1 169 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,07 %	108,25 %	36 %	66,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,29 %	27,99 %	11,74 %	19,05 %
Current Ratio	1,9	1,93	2,27	2,14
Quick Ratio	1,9	1,93	2,27	2,14
Equity Ratio	0,52	0,5	0,59	0,54
Gross Profit Margin	99,28 %	98,95 %	97,8 %	98,84 %